Category: Illinois | Chapter 13 - page 7

Unpaid medical bills can lead to debt collection, lawsuits, wage garnishment, and damage to your credit score. However, there are options to manage or reduce medical debt, including negotiating with providers, seeking financial assistance, and creating a payment plan. Addressing medical ...............

Simply put, Chapter 13 bankruptcy is a legal process that allows people and small businesses to restructure their debts and create a repayment plan to repay all or part of their debts for a set repayment period of three to five years. Unlike Chapter 7 bankruptcy ...............

Bankruptcy is a legal proceeding designed to help individuals or businesses eliminate or repay their debts under the protection of the bankruptcy court. The process differs depending on the type of bankruptcy you file, such as Chapter 7, Chapter 13, or Chapter 11, but each follows ...............

If you’re worried that your vehicle is on the repossession list there are several proactive steps you can take. This guide will tell you what you need to know. Before repossession, the lender may send a notice of default or demand payment. However, in many states, they are not legally...............

Finding the right asset protection attorney in Texas requires careful consideration of several factors to ensure you select an attorney who can effectively handle your case. How does asset protection in Texas work? Asset protection in Texas is dictated by a combination...............

Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who is not making payments. This is typically done by forcing the sale of the asset used as collateral for the loan, often a house or property. Foreclosure usually...............

A tax relief attorney specializes in helping people resolve tax issues with the Internal Revenue Service. They can help you navigate complex tax issues, negotiate with the IRS, and find the best solutions to reduce or eliminate your tax debt...............

Asset protection ensures that your wealth is preserved for future generations, preventing it from being depleted by legal issues, debts, or poor financial management. Proper asset protection can safeguard inheritances from beneficiaries' creditors, divorce settlements...............

Repossession is the legal process a lender can use to take back property, including vehicles, from the borrower if they fail to meet the terms of the loan agreement, usually by missing payments. It’s important to know that repossession can impact the borrower's credit...............

Dealing with debt requires a combination of strategic planning, budgeting, negotiation skills, and financial discipline. By assessing your financial situation, creating a realistic budget, prioritizing debts, exploring consolidation options, increasing income, cutting expenses...............